2010 – Page 294

Economist Henri Hebrard says that anyone who is taking on loans should be aware that the days of low interest rates could soon be over. He said that rates have been going up and all indications show that they will continue to increase. The executive director of the French Chamber of Commerce in the DR …

Read more…

As reported in Clave newspaper, Economy Minister Temistocles Montas says that the Dominican government will be spending 1.03% of its Gross Domestic Product in Haiti. This could mean more than RD$18.65 billion. Public Health Minister Bautista Rojas Gomez says that on health expenditure for Haitian victims, vaccinations and equipping hospitals alone, the government has spent …

Read more…

Deputy Environment Minister Eleuterio Martinez has told Clave that the contract the Dominican government signed with Barrick Gold is good business for the company because it awards them the benefits of the exploitation of the gold deposits, considered among the largest in the world, but relieves them of responsibility for the pollution of the Cotui …

Read more…

The mayor of Cotui, Bienvenido Lazala is accusing Barrick Gold of causing an ecological disaster in Sanchez Ramirez province through water pollution and the disappearance of aquatic and land species. He called on the government to revise the contract that he defined as “against national interests in the economic and social aspects”. Lazala visited El …

Read more…

An Israeli company, IAI ELTA has won the tender to build 2 radars to be used to detect air drug shipments to the DR. The radars, which will cost US$34.6 million, will be located at the Center of Command and Control C3 that will be located at the San Isidro Air Base. The radars are …

Read more…

The latest episode in the case of Puerto Rican fugitive drug baron Jose David Figueroa Agosto, which is being dubbed a soap opera by some news commentators, is the list confiscated from Ivanovich Smester Ginebra. Smester Ginebra was sent to Najayo jail while under investigation for his links with Figueroa Agosto and for money laundering. …

Read more…

El Dia reports today that the state prosecutors have yet to charge any government figure for enabling fugitive drug baron Jose David Figueroa Agosto to operate freely in the DR for around 10 years. He escaped from jail in Puerto Rico in 1999 and was known to have relocated to the DR where he operated …

Read more…

Yesterday, 115 Dominicans arrived at Las Americas International Airport after being deported from the United States, having served their jail sentences. Listin Diario says this is the second largest single drop of deported convicts. The new arrivals have served sentences for drug trafficking, homicide, armed robbery and other federal crimes. The United States Immigration and …

Read more…

There are 265 FM radio stations, 145 AM stations and 20 short wave stations in the DR. According to the Dominican Institute of Telecommunications (Indotel), the DR is one of the countries with the most radio stations in relation to the size of its territory. There is a 410/48,000 ratio of 0.85 stations per square …

Read more…

More than 190 Dominicans are vying for the Major League Baseball rosters for the 2010-11 season. Spring training officially kicks off with a game between the New York Yankees and the Boston Red Sox set for 4 April. Of the group, 148 are players who are already on the final rosters of 25 players each …

Read more…